Common use of Benefit and Assignability Clause in Contracts

Benefit and Assignability. This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. The rights and obligations of Executive hereunder are personal to him, and are not subject to voluntary or involuntary alienation, transfer, delegation or assignment.

Appears in 35 contracts

Samples: Employment Agreement (Neopharm Inc), Employment Agreement (First Horizon Pharmaceutical Corp), Employment Agreement (Sciele Pharma, Inc.)

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Benefit and Assignability. This Agreement shall inure to the benefit of and be binding upon the Company and its successors and assigns. The rights and obligations of Executive hereunder are personal to him, and are not subject to voluntary or involuntary alienation, transfer, delegation or assignment, except by will or by the laws of dissent and distribution.

Appears in 2 contracts

Samples: Employment Agreement (Unimed Pharmaceuticals Inc), Employment Agreement (Unimed Pharmaceuticals Inc)

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